NRI And Japan Exchange Group Build Blockchain Proof-of-Concept For Securities Industry
There is an increasing interest for blockchain technology in Japan, as NRI and Japan Exchange Group have started a new distributed ledgers trial. What makes this announcement even more appealing is how other major financial institutions are part of this collaboration as well, and the securities industry is one area where the blockchain can make a significant impact. NRI and Japan Exchange Blockchain Study. Many financial institutions around the world are taking a keen interest in blockchain technology, as there are a lot of opportunities and possibilities waiting to be explored. Nomura....
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A number of companies have joined the Japan Exchange Group (JPX) To form a consortium that will develop a proof-of-concept blockchain solution for capital market infrastructure. Announced yesterday, the JPX revealed that the Tokyo Stock Exchange (TSE), the Osaka Exchange (OSE) and the Japan Securities Clearing Corporation (JSCC) will help form a blockchain consortium compromising of Japanese financial institutions to test the blockchain prototype. The endeavor to explore blockchain technology for capital market infrastructure began with an internal research group in late 2015, which....
The Japan Exchange Group (JPX) has formed a consortium between several companies within its umbrella to test a blockchain market infrastructure proof-of-concept. JPX announced today that the Tokyo Stock Exchange and the Osaka Exchange, alongside the Japan Securities Clearing Corporation, would test the prototype collaboratively. In February, JPX announced that it was working with IBM’s Japanese division to test blockchain, using the tech firm’s Fabric blockchain platform as a basis for experimentation. The newly announced initiative builds on that early partnership. The Tokyo Stock....
A leading Japan-based think tank is considering ways it could build on its existing exploration of blockchain technology. First announced in late 2015, Nomura Research Institute (NRI), an affiliate of Nomura Holdings, is already working on private proof-of-concepts (P0Cs) with Nomura Securities and SBI Sumishin Net Bank (SBI Sumishin). The Tokyo-based firm is exploring the technology’s use cases in Japan, a region where there have been relatively few blockchain industry developments. In a new interview with CoinDesk, Kazumitsu Yokokawa, head of the financial services research and....
Japan Exchange Group, operator of the Tokyo Stock Exchange will begin experimenting with blockchain technology for post-trade solutions such as clearing and settlement of trades. The operator will team up with IBM Japan for the project. The operator of Asia’s largest stock exchange is joining IBM Japan to run blockchain tests for clearing, settlement, and other operations. According to a report by Nikkei Asian Review, the proof-of-concept testing will commence next month in March. Currently, the Japan Exchange Group’s record-keeping platform stores trading data on a centralized server. The....
Japanense think tank Nomura Research Institute (NRI) has announced it will study blockchain technology to assess its use in the securities sector. Founded in 1965, the organisation is Japan's oldest private think tank, offering consulting services and provides IT solutions for various industries, including finance. The study, due for completion in January, will inform "opportunities for practical application," the NRI recently announced... A company spokesperson told CoinDesk: "We have done work on blockchain technology before this project, but it was internal. This is our first time to....